Closing the generational start-up gap
10th September 2012
Today, we launch a new report, Closing the Generational Start-Up Gap, which takes a fresh look at the efficiency of the UK’s entrepreneurial system. The research, produced for RBS by Aston University, identifies the barriers to youth enterprise and suggests how to close the gap between entrepreneurial intention and action.
Despite far more people under the age of 25 wanting to start their own business than people in their 30s and 40s, the report shows that they are only half as likely to do so. This suggests there is a generational ‘start-up gap’ that needs to be addressed.
The report proposes that closing the gap requires a concerted and co-ordinated effort from a host of companies and agencies working in this area. Collectively, we need to ensure that young people view starting a business as a genuine option and that they have the support and skills to put their ideas into action.
Download the full report
The RBS Group supports businesses of all shapes and sizes, in every sector of the economy. We're committed to promoting economic growth and recognise the important role we play in fostering the right conditions for people to turn their ideas into business success.